“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” — Mark Twain As we round the three-quarter pole and head into the final stretch of 2026, the prevailing investment narrative has, of course, been AI, along with its pros and cons. Since March, […]
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It’s All Debt to Me, by Professor Kate Elengold, is a newly available article sure to be of interest to many Credit Slips readers. Check out the abstract and read the paper by clicking on this link, but in the meantime, an observation from the article’s conclusion, coupled with the article’s graphic of a set…
The K-shaped economy is “over,” according to Treasury Secretary Scott Bessent. “I got sick of hearing about this K-shaped economy,” Bessent said in an appearance on CNBC’s “Squawk Box.” “I can say here definitively, the K-shaped economy is over.” The term describes an economy in which segments of the market move in sharply different directions,…
“The Fed needs to make sure that everyone understands that they maintain their dual mandate, and that inflation is more important right now than unemployment, because we’ve seen solid jobs numbers,” she said. “They need to put a lid on inflation and raise rates.” The August jobs report, which showed 162,000 payroll gains with the…
Senior leaders at UK’s banking institutions, insurers, asset managers and financial sponsors increasingly view tokenisation as a force that will reshape how money and securities move through the financial system. Findings from Lloyds Banking Group’s tenth annual Financial Institutions Sentiment Survey show that 71 per cent of respondents expect the technology to alter the future…
Millions of older workers could face a longer wait until they retire amid reports that changes to the state pension age could be brought forward. Currently, the state pension age is due to rise to 68 from 2044 but a report from the Office for Budget Responsibility (OBR) suggests this could take place sooner. It…
You’ve read the books. You’ve listened to the podcasts. But you still don’t feel “ready” to invest in real estate. You’re not alone! This is one of the most common rookie struggles, and today, we’re showing you how to break free from analysis paralysis and finally get in the game! Welcome to another Rookie Reply!…